Shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.35 and traded as high as $10.46. Eaton Vance Municipal Income Trust shares last traded at $10.42, with a volume of 75,624 shares trading hands.
Eaton Vance Municipal Income Trust Trading Up 0.5%
The firm's 50 day moving average is $10.42 and its 200 day moving average is $10.34.
Eaton Vance Municipal Income Trust Announces Dividend
The company also recently declared a monthly dividend, which was paid on Monday, August 25th. Investors of record on Wednesday, August 13th were given a $0.0513 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Wednesday, August 13th.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Stifel Financial Corp lifted its holdings in Eaton Vance Municipal Income Trust by 5.8% in the 4th quarter. Stifel Financial Corp now owns 64,384 shares of the investment management company's stock worth $651,000 after purchasing an additional 3,517 shares during the last quarter. Bank of America Corp DE lifted its holdings in Eaton Vance Municipal Income Trust by 4.6% in the 4th quarter. Bank of America Corp DE now owns 254,071 shares of the investment management company's stock worth $2,569,000 after purchasing an additional 11,080 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Eaton Vance Municipal Income Trust by 76.9% in the 4th quarter. Cetera Investment Advisers now owns 148,930 shares of the investment management company's stock worth $1,506,000 after purchasing an additional 64,733 shares during the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in Eaton Vance Municipal Income Trust in the 4th quarter worth approximately $2,681,000. Finally, Nomura Holdings Inc. acquired a new stake in Eaton Vance Municipal Income Trust in the 4th quarter worth approximately $263,000.
About Eaton Vance Municipal Income Trust
(
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Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.
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